|
|
CA Technologies was named a Leader in the Gartner Magic Quadrant for Enterprise Agile Planning Tools.
(4)(5)
|
SEGMENT INFORMATION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
First Quarter FY19 vs. FY18
|
|
|
|
Revenue
|
|
|
%
Change
|
|
|
%
Change
CC**
|
|
|
Operating
Margin
|
|
(dollars in millions)
|
|
FY19*
|
|
|
FY18
|
|
|
FY19*
|
|
|
FY18
|
|
Mainframe Solutions
|
|
$
|
553
|
|
|
$
|
536
|
|
|
|
3
|
%
|
|
|
1
|
%
|
|
|
67
|
%
|
|
|
65
|
%
|
Enterprise Solutions
|
|
$
|
425
|
|
|
$
|
414
|
|
|
|
3
|
%
|
|
|
1
|
%
|
|
|
14
|
%
|
|
|
8
|
%
|
Services
|
|
$
|
74
|
|
|
$
|
75
|
|
|
|
(1
|
)%
|
|
|
(3
|
)%
|
|
|
0
|
%
|
|
|
1
|
%
|
*
|
The manner in which the Company measures and recognizes revenues for segment reporting was not revised upon
adoption of Topic 606. For segment reporting purposes, the Company follows its previous Topic 605 policies, which recognizes software license revenue ratably, except for sales of perpetual licenses on a stand-alone basis, which are recognized at a
point-in-time.
|
**
|
CC or Constant Currency is a
non-GAAP
financial measure, as noted in
Non-GAAP
Financial Measures below. A reconciliation of
non-GAAP
financial measures to their comparable GAAP financial measures is included in the tables following
this news release.
|
CAPITAL STRUCTURE
|
|
Cash and cash equivalents at June 30, 2018 were $3.328 billion.
|
|
|
With $2.780 billion in total debt outstanding and $139 million in notional pooling, the Companys
net cash position was $409 million.
|
|
|
Approximately 48% of the Companys cash and cash equivalents were held by foreign subsidiaries outside the
United States at June 30, 2018.
|
|
|
In the first quarter of fiscal 2019, the Company repurchased 2.3 million shares of its common stock for
$80 million.
|
|
|
As of June 30, 2018, the Company was authorized to purchase $407 million of its common stock under its
current stock repurchase program. Pursuant to the terms of the merger agreement with Broadcom, Inc, the Company may not continue to repurchase shares without Broadcom Inc.s consent.
|
|
|
The Company distributed $107 million in dividends to stockholders during the first quarter of fiscal 2019.
|
|
|
The Companys outstanding share count at June 30, 2018 was approximately 413 million.
|
(1)
Gartner, Inc., Magic Quadrant for Project
Portfolio Management, Worldwide, Daniel B. Stang, Matt Light, May
29, 2018.
(2)
Gartner, Magic Quadrant for Full Life Cycle API Management,
by
Paolo Malinverno
and Mark ONeill.
April
30, 2018
(3)
In the 2009 & 2011 versions of the report,
CA Technologies
is listed as Layer 7 since it acquired Layer 7
in
April 2013. This report was previously titled Magic Quadrant for Application Services Governance, Magic Quadrant for SOA Governance Technologies, and Magic Quadrant for Integrated SOA Governance
Technology Sets.
(4)
Gartner, Magic Quadrant for Enterprise Agile
Planning Tools, by
Keith James Mann,
Thomas E. Murphy,
Nathan Wilson, and
Mike West.
April 23, 2018
(5)
The Gartner Report(s) described herein, (the Gartner Report(s))
represent(s) research opinion or viewpoints published, as part of a syndicated subscription service, by Gartner, Inc. (Gartner), and are not representations of fact. Each Gartner Report speaks as of its original publication date (and not
as of the date of this Quarterly Report) and the opinions expressed in the Gartner Report(s) are subject to change without notice.
Gartner does not
endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of
Gartners research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular
purpose.